Which one of the following statements is false? Paul Samuelson is the author of Economics: An Introductory Analysis. The book The Wealth of Nations proves that there is no need for people to behave benevolently to achieve social wellbeing. Anchoring consists of relying excessively on information that may not be relevant as a basis for a decision. Someone with no concern for the future has a high time discount rate. Satisficing is consistent with bounded rationality.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

answerthe united states of america;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.